National Infrastructure Assessment 1 | Report
The National Infrastructure Assessment identified the need for a better understanding of the costs and benefits of private financing and traditional procurement in the delivery of publicly funded infrastructure. The Commission developed an analytical framework to facilitate development of this understanding, and proposed a pilot of the framework to develop insights on its practical application and identify where it needed to be revised.
Using different procurement models where they are best suited should ensure that government can maximise the benefits from infrastructure. This analytical framework is designed to develop insights into the merits and shortcomings of procurement models. It requires a robust evidence base of costs and benefits, and data is key to gaining a better understanding of infrastructure investment outcomes. Data collection has been best on privately financed projects. Analysis of costs and benefits of procurement models enables transparency and public accountability, so data for traditionally procured projects needs to continue to improve.
A separate Technical Annex presents the methodology and findings from the pilot of the analytical framework – see the Supporting Evidence tab on the left for more details.
National Infrastructure Assessment 1
An assessment of the United Kingdom's infrastructure needs up to 2050.